Todd Swearingen joins Nasdaq OMX as a managing director and director of global marketing in the market technology group. A longtime veteran of institutional marketing, Swearingen previously ran media relations at Numerix for two years. Prior to that, he held senior marketing positions at Townsend Analytics, NYSE Euronext, Bloomberg and FISERV over a stretch of 22 years.
Nasdaq OMX named Michel Finzi senior vice president and head of transaction services for U.S. equities. Finzi, a 23-year veteran, was previously with ConvergEx RealTick, where he spent four years as managing director and global head of business development. While there, he headed sales and marketing efforts to buyside, sellside and active trading clients. The job also entailed overseeing product development. He began his career in 1988 at Instinet. At Nasdaq, Finzi will be responsible for strategy, sales and operations for its U.S. equity exchanges, as well as its two options exchanges. He reports to Eric Noll, executive vice president who heads transaction services in the U.S. and U.K.
Cantor Fitzgerald & Co. has hired two arbitrageurs from UBS. Sales trader Jason King joins as a managing director and head of the firm’s risk arbitrage and relative value team in New York. A 14-year veteran, King is responsible for expanding the group’s client coverage and providing product expertise. King previously ran the event-driven sales and trading group at UBS. That came after a stint at J.P. Morgan, where he launched its risk arb desk. The other UBS alum, 15-year pro Jason Caamano, also joins as a sales trader in New York. Both report to Jarred Kessler, Cantor’s global head of equities.
Tom DeFazio was named sales manager at CR Brokerage, the broker-dealer subsidiary of Charles River Development. A 24-year veteran, DeFazio is responsible for selling the firm’s buyside block-crossing product, CReX. His territory is the Midwest and Southeast. DeFazio spent the last four years at Aqua Securities selling its U.S. equity crossing system, as well as its non-U.S. equity direct-market-access services. He reports to president Stephen Schardin.
Mizuho Securities USA named Brad Wilson as executive director to run U.S. equity sales trading. Wilson, a 20-year veteran, was previously with Dahlman Rose & Co. Earlier, he spent nine years at Sanford C. Bernstein as a sales trader. His charge is to expand the trading desk and grow the business. Earlier this year, Wilson was appointed chairman of a new membership committee of the Security Traders Association of New York. At Mizuho, he reports to Raymond Velazquez, head of U.S. equities.
Renaissance Capital has added six senior traders to its global cash equities team. Scott Duxbury, a 20-year veteran, joins as head of ADR and Canadian trading in New York. Duxbury is responsible for trading emerging market equity products and ADRs. He reports to Yonatan Gozdanker. Duxbury spent his entire career at Merrill Lynch and was most recently director of equity trading there.
In London, 11-year veteran Payam Akhavan-Malayeri joins as the new global head of cash equities trading. A former Citigroup exec, Akhavan-Malayeri is responsible for managing the cash equities trading team and its risk globally, as well as the cross-selling of Renaissance’s products. The firm also hired Stuart McSporran as new head of resources trading, and Cameron Macklin, John Seheri and Grant Nader as Johannesburg, South Africa-based traders. They come from Consilium Capital, Noah Financial Innovation and Investec Bank, respectively.
Will Sullivan joins Sunrise Securities as managing director of institutional sales. Sullivan, with more than 15 years’ experience, previously spent eight years at Kellogg Partners. He began his career in institutional sales at Spear Leeds & Kellogg Capital Markets, before moving on to Fleet Trading.
Williams Capital made three recent hires. Magnus Lejdstrom joins to lead the investment bank’s international equity trading operation. A 20-year market veteran, he was president and chief executive officer of Kaupthing Securities. Michael Costantino, an 11-year professional, joins as an international sales trader after spending two years at ESN North America. He reports to Lejdstrom. Williams also hired Paula Mahoney to "enhance the firm’s equity trading and relationship management" in its Chicago office. A veteran of about 25 years, Mahoney is the former head of equity trading at Mellon Private Wealth Management in Pittsburgh.
Daniel Klingenstein has joined New York-based Toro Trading as part of their equity options market-making team. He previously worked as a market maker for Group One Trading, a privately held firm.
Nomura added three sales traders to its growing equities trading desk: Jeff Haise, executive director and senior industrial trader; Tom Terzulli, executive director and senior consumer trader; and Kevin Kilgallen, managing director and senior technology trader. All three report to Ciaran O’Kelly, head of Americas equities.
An 18-year veteran, Haise joins after a four-year stint at Deutsche Bank, where he was a senior trader in the industrial sector. Prior to that, he spent six years at Bank of America and eight years at Goldman Sachs.
Terzulli, a 19-year professional, comes from Deutsche Bank, where he spent the last six years and was the senior consumer trader. Before that he spent 13 years at Goldman Sachs, most recently as a senior consumer retail Nasdaq block trader.
Kilgallen, a 20-year pro, comes from institutional broker BTIG, where he spent the last two years as head of U.S. equity trading. Prior to that, he was head of technology trading at Bank of America Merrill Lynch.
Alan Grigoletto joins the Options Industry Council as director of education in Chicago. Grigoletto, a nearly 30-year veteran, has worked as an options market maker, a stock specialist, an institutional trader and portfolio manager. He will look to expand the OIC’s programs educating investors and industry professionals on the risks and benefits of exchange-listed options. Prior to joining OIC, he ran business development and client relations at the Boston Options Exchange. Before his stint at BOX, he was a founding partner at the investment adviser Chicago Analytic Capital Management.
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